Treasury to Announce This Week that Alexander Hamilton Will Remain on $10 Bill

In an interview with CNN over the weekend, Treasury Secretary Jack Lew revealed that it will be announced this week that the face of Treasury Secretary Alexander Hamilton, the subject of the new Broadway blockbuster Hamilton, will remain on the front of the $10 bill.

"In our pantheon of founders, Hamilton has a special place," explained Lew. "Our economy, many of the institutions of our democracy, are really attributable to his contributions. He will continue to be represented on our currency, he will continue to be represented on the $10 bill."

Lew announced last summer that a new design was under consideration for the $10 bill which would have replaced Hamilton with a portrait of a woman who made a significant contribution to our country. However, due to the tremendous success of Lin-Manuel Miranda's hip-hop musical and pressure from new-found fans of the nation's original Treasury Secretary, that plan appears to have been scrapped. Lew revealed that a woman's portrait may now replace Andrew Jackson, currently on the face of the $20 bill and that a mural-style depiction of the women's suffrage movement, featuring leaders such as Susan B. Anthony, will now be depicted on the back of the $10 bill.

Lew explained to CNBC, "When we started this conversation not quite a year ago, it wasn't clear to me that millions of Americans were going to weigh in with their ideas. We're not just talking about one bill. We're talking about the $5, the $10, and the $20. We're not just talking about one picture on one bill. We're talking about using the front and the back of the bill to tell an exciting set of stories."

Back on March 16th, Miranda teased that after meeting personally with Secretary Lew in Washington DC, it appeared that good news was on the way for his Broadway alter ego. Check out his tweet below:

(Photo: Joan Marcus)

Watch the clip below: